Financial Services » Financial Institutions » The financial sector in Luxembourg | Luxembourg: employment in Luxembourg banks, by country of origin 2014-2016

Employment in Luxembourg banks 2014-2016, by country of origin

Average staff count of banks in Luxembourg from 2014 to 2016, by country of origin of the bank

The data displays the average staff count of banks in Luxembourg from 2014 to 2016, by country of origin of the bank. Luxembourg is an international financial center in the European Union, with over 140 international banks having an office in the country. In the most recent Global Financial Centers Index, Luxembourg was ranked as having the third most competitive financial center in Europe after London and Zürich. In 2016, banks in the Grand Duchy with a domestic Luxembourg background employed approx. 5,100 people. Banks from France, however, had the highest number of employees: around 5,300.

Total market 25785 25942 26060
France 6007 5091 5295
Luxembourg 4947 5025 5112
Germany 2432 2307 2324
United States of America/United Kingdom 2097 2139 2161
Switzerland 2463 2071 2108
China 410 553 656